CBS Corporation is a mass media company. The Company's segments include Entertainment, Cable Networks, Publishing and Local Broadcasting. Its Entertainment segment is composed of the CBS Television Network; CBS Television Studios; CBS Global Distribution Group (composed of CBS Studios International and CBS Television Distribution); CBS Interactive, and CBS Films. The Company's Cable Networks segment is composed of Showtime Networks; CBS Sports Network, and Smithsonian Networks. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints, such as Simon & Schuster, Pocket Books, Scribner, Gallery Books, Touchstone and Atria Books. The Local Broadcasting segment is composed of CBS Television Stations, its approximately 30 owned broadcast television stations, and CBS Radio, through which it owns and operates radio stations in the United States markets. It operates businesses, which span the media and entertainment industries.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Entertainment - Diversified
- Sub-Industry: Broadcasting
- Exchange: NYSE
- Symbol: CBS
- CUSIP: 12485720
- Previous Close: $66.97
- 50 Day Moving Average: $64.30
- 200 Day Moving Average: $58.66
- 52-Week Range: $409,535,000.00 - $47.88
- Trailing P/E Ratio: 23.83
- Foreward P/E Ratio: 13.08
- P/E Growth: 0.93
- Market Cap: $27.43B
- Outstanding Shares: 409,535,000
- Beta: 1.66
- Net Margins: 11.32%
- Return on Equity: 33.06%
- Return on Assets: 7.64%
Companies Related to CBS:
- Debt-to-Equity Ratio: 1.66%
- Current Ratio: 1.76%
- Quick Ratio: 1.29%
What is CBS's stock symbol?
CBS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBS."
How often does CBS pay dividends? What is the dividend yield for CBS?
CBS declared a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, March 10th will be paid a dividend of $0.18 per share on Saturday, April 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Wednesday, March 8th.
Where is CBS's stock going? Where will CBS's stock price be in 2017?
31 brokerages have issued 1 year price targets for CBS's shares. Their forecasts range from $56.00 to $78.00. On average, they expect CBS's stock price to reach $69.03 in the next year.
When will CBS announce their earnings?
CBS is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about CBS stock?
Here are some recent quotes from research analysts about CBS stock:
- Instinet analysts commented, "We modestly lower our adj. 4Q16 EPS estimate to $1.09 from $1.11 to better reflect tough content licensing comparisons at Cable and lower Thursday Night Football (TNF) ratings the Entertainment segment." (2/13/2017)
- Credit Suisse Group analysts commented, " We reinstate coverage of CBS after a period of restriction with an Outperform rating and an unchanged $75 target price. We trim 2017/18 EPS by 4%, to $4.49/$5.31, driven by slightly more conservative assumptions on advertising, but remain bullish on the company's long term growth trajectory and believe the valuation looks compelling after the recent pull-back." (1/20/2017)
According to Zacks Investment Research, "CBS Corp. has outperformed the Zacks categorized industry over the past one year. The company continued with its positive earnings surprise streak for the seventh-straight and also topped the revenue estimate for the fourth quarter in row, as it posted third-quarter 2016 results. The top line gained from rise in content licensing and distribution revenues and also due to surge in retransmission revenues. Management expects revenues to increase further with 21% of retransmission and 14% of reverse compensation set for renewal in 2017. CBS Corp.’s sustained focus on increasing subscription-based revenues bode well. Earlier, CBS highlighted that retransmission consent and reverse compensation are expected to exceed the $2-billion mark in 2020. The company is on track to hit $1 billion in 2016, a year earlier than anticipated previously. However, currency fluctuations and higher expenditure for original programming might be a drag." (1/19/2017)
Who owns CBS stock?
CBS's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock, Inc (6.00%), Fred Alger Management Inc. (0.75%), Bessemer Group Inc. (0.56%), Nicholas Co. Inc. WI (0.31%), Putnam Investments LLC (0.30%) and Prudential PLC (0.28%). Company insiders that own CBS stock include Angeline C Straka, Gil D Schwartz, Joseph A Califano, Joseph R Ianniello, Lawrence Tu and Leslie Moonves.
Who sold CBS stock? Who is selling CBS stock?
CBS's stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., O Shaughnessy Asset Management LLC, Marshall Wace LLP, Systematic Financial Management LP, Janus Capital Management LLC, Third Avenue Management LLC, Handelsbanken Fonder AB and Raiff Partners Inc.. Company insiders that have sold CBS stock in the last year include Gil D Schwartz, Joseph R Ianniello and Lawrence Tu.
Who bought CBS stock? Who is buying CBS stock?
CBS's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Teachers Retirement System of The State of Kentucky, Putnam Investments LLC, Caldwell & Orkin Inc., Bessemer Group Inc., United Capital Financial Advisers LLC, Capital International Ltd. CA and Foresters Investment Management Company Inc..
How do I buy CBS stock?
Shares of CBS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of CBS stock cost?
One share of CBS stock can currently be purchased for approximately $66.97.